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Business

  • Stop and think before asking for a bigger salary

    June 1, 2026

    Comparison is the thief of joy, but many of us fall for it, especially when it comes to salary. John Coleman argues why everyone needs a 'financial finish line'.

  • Brits back Blair’s growth calls – yet are squeamish over welfare cuts

    June 1, 2026

    Most Britons back Tony Blair’s demands to prioritise cheaper energy over net zero and support the private sector to boost growth, yet are squeamish over slashing disability payments and reforming the triple lock pension, polling has shown.  Following up on Tony Blair’s rallying call for potential Labour leadership contenders to focus on growth, City PM/Freshwater [...]

  • Number of claims management firms halves after FCA clampdown

    June 1, 2026

    The number of claims management firms authorised by the UK’s financial watchdog has nearly halved since the beginning of the decade after the regulator “raised the bar” for firms in the sector. A Freedom of Information request by financial services consultancy Broadstone revealed 483 claims management companies (CMCs) operate in the sector, compared with 942 [...]

  • Richard Desmond hit with £40m bill over ‘fanciful’ lottery feud

    June 1, 2026

    Media tycoon Richard Desmond’s company Northern and Shell has been ordered to pay over £40m after a two-year-long legal feud with the Gambling Commission over the 2022 National Lottery license. A High Court judge has ordered media giant Northern and Shell and its subsidiary, the New Lottery Company, to cough up 75 per cent of [...]

  • Pub bosses warn tax hikes driving youth unemployment crisis

    June 1, 2026

    Pub bosses have warned that Labour tax hikes are driving the youth unemployment crisis, which is pushing the UK towards an “economic catastrophe”.  Several hospitality leaders have called on the government to reverse its increases to employer national insurance contributions (NICs), which pubs say are making it harder for them to hire young people. Last [...]

  • UK manufacturing survives Iran war impact

    June 1, 2026

    The UK’s manufacturing sector appeared to survive the immediate impact of the Iran war in May, new data has suggested, as researchers suggested that production rose to a four-year high.  S&P Global’s purchasing managers’ index (PMI) for the sector hit 53.9 in May, well above the neutrality figure of 50 and higher than April’s recording [...]

  • Labour sheds union member support to Reform, poll shows

    June 1, 2026

    Trade union members are split between supporting Labour and Reform UK, a poll has found, reflecting the breakdown of Britain’s traditional voting patterns. A poll by JL Partners has suggested that support for the two parties from union members is tied at 28 per cent, with Labour dropping 20 percentage points in support since the [...]

  • Private equity-backed Ryan triumphs in bidding for European tax adviser Svalner Atlas

    June 1, 2026

    Private equity-based US accountancy firm Ryan has reportedly agreed to acquire European tax adviser Svalner Atlas Advisors in a deal reportedly worth $400m. Headquartered in Texas and with a presence in London, Ryan specialises in tax services and has BP and BAT among its clients. The firm was valued at about $7bn earlier this year, [...]

  • Wise shares plummet as money transfer firm faces fraud investigation

    June 1, 2026

    Shares in money transfer firm Wise have plummeted this morning as the fintech faces an investigation over allegations its accounts have been used for criminal activity. Prosecutors in Belgium opened an investigation last year after discovering Wise accounts had been flagged in hundreds of international criminal requests that spanned over 30 European countries. The transactions [...]

  • Iran war triggers slump in selfies, ME Group warns

    June 1, 2026

    Europe’s biggest photobooth operator has warned of a slump in selfies amid the fallout from the war in Iran. London-listed ME Group, which operates the Photo.me network of over 30,000 booths as well as an events selfie business, has reported a revenue decline as much as 17 per cent in the month of April alone, [...]

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